Spend Matters

JULY 25, 2022

Categories: Procurement Strategy & Planning , Procurement Systems & Architecture , Solution Providers , Source to Pay , Spend Management , Supply Management , Technology Tags: PRO I attended Coupa’s annual Inspire conference this year and was excited to finally attend a large event rather than just small meetings with clients and colleagues.

Spend management 98

Spend management Supply Chain Optimization Supply chain management Supply chain management 98

Procurement Tactics

NOVEMBER 14, 2022

However, what is the retail supply chain? This article will discuss what a retail supply chain is. We will also tackle retail supply chain management and its importance. Once you finish reading this article, you will have a deeper understanding of the retail supply chain.

Retail Supply Chain 190

Retail Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 190

Procurement Tactics

MAY 22, 2023

Thus, this will enable you to implement it in your supply chain. Integrated logistics, also known as integrated supply chain management, refers to the coordinated and seamless management of all the activities involved in the movement and storage of goods and materials. What is Integrated Logistics?

Logistics 207

Logistics supply chain software solutions supply chain budgeting Supply Chain Optimization 207

Procurement Tactics

JUNE 19, 2023

Traditionally, to take on a role in procurement, you need a Bachelor’s degree or master’s degree in a field such as purchasing management or supply chain management. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2.

Procurement 201

Procurement supply chain software solutions Procurement strategies Collaboration 201

Procurement Tactics

APRIL 23, 2023

Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3. CERTIFICATE COURSES Related courses about this subject 1. Negotiation Course Learn from industry experts who negotiated billion $ deals 2.

Sustainability 177

Sustainability Suppliers Supply Chain Efficiency Chief Procurement Officer 177

Procurement Tactics

DECEMBER 7, 2022

For this article, we will tackle what a financial supply chain is. We will tell you how it works and how you can manage it. Additionally, we will discuss the three processes of financial supply chain management. After reading this article, you will be able to grasp fully what a financial supply chain is.

Supply Chain Efficiency 181

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 181

SCMDOJO

MARCH 12, 2025

Introduction Negotiation is at the heart of supply chain management. Enhances Flexibility: Allows supply chain managers to adapt to market fluctuations and disruptions. In order to mitigate this risk, one may use compromise as a stepping stone to more sustainable procurement strategies.

Negotiation 52

Negotiation Supply Chain Efficiency Supply chain Strategy 52

SCMDOJO

FEBRUARY 26, 2025

How to Use CPI in Supply Chain Management Although CPI is widely used in project management, its principles can be effectively applied to supply chain performance measurement. Below are some key areas where CPI can improve supply chain efficiency: 1. The research paper by Winanda et.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Raw materials 52

Procurement Tactics

JUNE 8, 2023

Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Course Maintain profitability while moving toward sustainability 4.

Supply Chain Optimization 211

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 211

Procurement Tactics

JUNE 19, 2023

AI in logistics refers to the use of AI-powered solutions to optimize supply chain management, improve decision-making and enhance customer experience. The use of AI in logistics is becoming an essential element of supply chain management as the industry becomes more complex as it is.

Logistics 193

Logistics supply chain budgeting supply chain software solutions Real-time Visibility 193

Future Purchasing

JANUARY 11, 2022

2021 saw a massive amount of challenge for procurement teams; supply chain management challenges, political changes, trade barriers, COVID related staff shortages in all areas, blocked ports and working from home have thrown it all up into the air. Related case study – Procurement strategy and skills building.

Supply chain management 52

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain software solutions 52

NLPA (Next Level Purchasing Association)

FEBRUARY 14, 2024

A well-defined procurement strategy is the key to optimizing your procurement process. This strategy builds strategic partnerships, mitigates risks, and ensures a smooth flow of goods and services. This strategy unlocks benefits like cost reduction, risk management, and strong supplier relationships.

Procurement strategies 52

Procurement strategies Supply Chain Optimization Strategy Procurement 52

Procurement Insights

DECEMBER 11, 2024

Data-Driven Decision Making** : The utilization of big data and analytics will be central to procurement strategies. Real-time data will inform sourcing decisions, risk management, and supplier relationships, leading to more informed and agile procurement functions.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Sustainability 59

Supply Chain Game Changer

SEPTEMBER 25, 2019

But defining and refining your Procurement strategy is no easy task. That’s why companies rely on experts like executive Jean-Louis Moreau, who has a storied career of setting Procurement strategy for large-scale organizations. Procurement Executive Jean-Louis Moreau. Hey Procurement!

Procurement strategies 51

Procurement strategies Strategy Procurement Cost of ownership 51

World of Procurement blog

APRIL 23, 2024

Generative AI in Procurement Generative AI, a subset of AI focused on creating content and solutions, is swiftly carving its niche in procurement. By simulating market scenarios and crafting customized procurement strategies, it dramatically refines decision-making and supplier selection.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

World of Procurement blog

APRIL 23, 2024

Generative AI in Procurement Generative AI, a subset of AI focused on creating content and solutions, is swiftly carving its niche in procurement. By simulating market scenarios and crafting customized procurement strategies, it dramatically refines decision-making and supplier selection.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

Spend Matters

MARCH 16, 2023

An S2P suite automates spend/supply management processes primarily in procurement, accounts payable and inbound supply chain management, but also other areas within Legal (e.g., contract management), Finance (e.g, working capital management, treasury and FP&A), R&D (e.g.,

Supply Chain Optimization 96

Supply Chain Optimization Sourcing supply chain software solutions Procurement strategies 96

Procurement Tactics

JULY 20, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. ChatGPT & AI Use ChatGPT to automate procurement processes 5.  Menu Course Library 1.

supply chain software solutions 134

supply chain software solutions Suppliers Management Purchase orders 134

Procurement Tactics

AUGUST 25, 2022

Thereby making him the world’s most sought-after purchasing and supply chain management author, speaker, consultant, and trainer. He has 18 years of experience with Intel Corp, holding responsibility for more than $1 billion in annual expenditures as purchasing executive and managing Intel’s global purchasing operations.

Procurement 231

Procurement Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 231

Procurement Tactics

NOVEMBER 8, 2022

33 Procurement Interview Questions in 2022. Finance Hacks: — How to Reduce Supply Chain Costs. Supply chain management is a crucial aspect of operations from small businesses to multinational corporations. Building an in-house supply chain team has its perks, but it can be too expensive for some.

supply chain budgeting 182

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 182

SCMDOJO

DECEMBER 14, 2023

Know More About Dante: With over 25 years of professional experience in industrial engineering, operations, and supply chain management, the Business Consultant and Trainer is dedicated to enhancing operational performance for companies in Europe and the Americas. Hire the Expert Now or Start a Chat!

Sourcing 104

Sourcing Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 104

SCMDOJO

SEPTEMBER 19, 2024

At a time when businesses are evolving at a rapid pace, the significance of supply chain management continues to grow, becoming an essential part of operations for companies around the globe. Two platforms that stand out in this field are SCMDOJO academy and Coursera supply chain courses , among many others.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Supply chain Supply chain management 98

Una

SEPTEMBER 6, 2022

Lean procurement teams pick their goals and targets with care when building their lean procurement strategies , focusing on achievable and high-impact activities such as tackling tail spend. . Jumpstart procurement on a shoestring. What about lean supply chain management? Create strategic focus.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain supply chain budgeting Procurement Procurement strategies 98

Supply Chain Game Changer

AUGUST 21, 2022

The world now knows how important Supply Chain is to every aspect of our lives, given the impacts and disruptions caused by the pandemic. In that light we are presenting our 10 best articles highlighting the importance of Supply Chain. Why is Supply Chain Management Important? Our 10 Best Articles!

Supply chain management 113

Supply chain management Supply chain management Supply chain Import 113

Procurement Insights

SEPTEMBER 17, 2024

The Strategic Sourceror This blog, managed by Source One, offers advice on cost reduction, supply chain management, and strategic sourcing. It also features expert opinions and practical solutions for procurement professionals. It covers supply chain trends, procurement strategy, and supplier innovation.

Chief Procurement Officer 69

Chief Procurement Officer supply chain software solutions Supply Chain Optimization Supply chain management 69

IBM Supply Chain Blog

FEBRUARY 28, 2024

The next generation of control towers is powered by AI , with intelligent workflows and true end-to-end visibility to help forecast supply and demand fluctuations and navigate disruption. How is sourcing strategy different than procurement strategy? Read our solution brief to get started.

Sourcing 94

Sourcing Strategy Supply Chain Efficiency e2e 94

Procurement Tactics

JUNE 8, 2023

This helps in planning and prevents situations like running out of stock or overstocking, optimizing the supply chain management process. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3.

Purchase orders 130

Purchase orders Purchasing Buyers Quantity 130

ivalua

AUGUST 11, 2021

Responsible sourcing is the incorporation of ethical, sustainable and socially conscious principles into sourcing, procurement and overall supply chain management practices. Source: Sustainable Procurement: DrivingExponential Impact Across theSupply Chain, Procurious .

Sourcing 130

Sourcing Ethics Sustainability Buyers 130

Procurement Tactics

JUNE 6, 2023

Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Course Maintain profitability while moving toward sustainability 4.

Inventory 170

Inventory Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 170

Procurement Templates

APRIL 15, 2024

Managers with advanced degrees or specialized training may employ different strategies and best practices compared to those without formal education in procurement or supply chain management. Stakeholder input, expectations, and feedback can influence procurement strategies and decisions.

Influencing 130

Influencing Negotiation Risk Innovation 130

Let's Talk Supply Chain

FEBRUARY 18, 2025

In teh dynamic world of ‍supply chain management, topics ranging from technology advancements to ethical considerations play a pivotal role in shaping the ‍industry’s future. A recent YouTube video, titled “Supply Chain Tech, clean Beauty, adn Retail TariffsJoin the Conversation!”,

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supply chain Supply chain management 52

Una

JANUARY 4, 2023

Discover the basics of group purchasing and the benefits of working with a group purchasing organization to develop a comprehensive procurement strategy. In addition to negotiating discounts, group purchasing organizations may also provide other services such as supply chain management , procurement consulting, and logistics support.

Purchasing 92

Purchasing supply chain budgeting Procurement strategies Contract 92

World of Procurement blog

APRIL 23, 2024

Here, we dive into what a procurement manager is, what their job entails, the typical day in their life, the career path, and, of course, the remuneration that comes with this crucial role. Who is a Procurement Manager? Supplier Management: Identifying, evaluating, and engaging suppliers.

supply chain budgeting 52

supply chain budgeting Management Procurement Chief Procurement Officer 52

World of Procurement blog

APRIL 23, 2024

Here, we dive into what a procurement manager is, what their job entails, the typical day in their life, the career path, and, of course, the remuneration that comes with this crucial role. Who is a Procurement Manager? Supplier Management: Identifying, evaluating, and engaging suppliers.

supply chain budgeting 52

supply chain budgeting Management Procurement Chief Procurement Officer 52

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 98

Procurement Templates

APRIL 10, 2022

Setting key metrics for all of these things and discussing them in supply chain meetings will focus on these quality deficiencies. These activities are often part of a broader approach to sustainable supply chain management and focus on selecting, auditing, monitoring and educating appropriate suppliers.

Purchasing 130

Purchasing Supply Chain Optimization Supply Chain Efficiency Supply chain 130

ivalua

AUGUST 17, 2021

Direct Procurement is made up of a series of related processes that span the full product lifecycle. It includes internal and external stakeholders, such as those from procurement, engineering, logistics, accounts payable, the supply chain management team, as well as the suppliers that make up the supply chain.

Procurement 130

Procurement Procurement team Sourcing Supplier relationship management 130